According to ChainCatcher, citing Jintou Data, the Shanghai Composite Index rose 0.77% in the afternoon, surpassing 3,800 points and reaching a new high in nearly 10 years. The index has gained nearly 450 points this year, an increase of over 13%. Sectors such as AI chips, minor metals, education, computing power, rare earth permanent magnets, and PCB led the gains, while fertilizers, textiles and apparel, mining, banking, and agriculture saw pullbacks. Approximately 2,100 stocks rose across the market, while 3,100 stocks declined, with a net inflow of about 1.2 billion yuan in main funds.